MTN, Airtel, as well as money deposit banks in Nigeria have been appointed by the Federal Inland Revenue Service (FIRS) to withhold Value Added Tax (VAT) charged on all taxable supplies made to them, and remit to the Service. This…
Tax dialogues, which provide a platform for exchange of diverse ideas on taxation, have been described as a tool for engendering tax compliance through collective ownership of the tax system, as well as a means to strengthening tax systems. Speaking…
By Matthew Denis Abuja Governments across Africa must begin to rethink governance, engender public confidence and trust in government by providing value for taxpayers’ money in line with their obligations under the social contract they have with citizens. This was…
The National Lottery Regulatory Commission (NLRC) says Online Gaming Operators in the country who are duly licensed and tax compliant are exempted from the new tax regime proposed by the Federal Inland Revenue Service (FIRS). A statement signed on Friday…
The Federal Inland Revenue Service (FIRS) has stated that it has commenced the deduction of taxes at transaction points from Online Gaming Transactions using the Sentinal National Payment Gateway and Electronic Solution. In a Public Notice signed by its Executive…
By Matthew Denis Abuja The Federal Inland Revenue Service (FIRS) has stated that it has commenced the deduction of taxes at transaction points from Online Gaming Transactions using the Sentinal National Payment Gateway and Electronic Solution. In a Public Notice…
The moral right of citizens to demand accountability from government on what their taxes have been used for, is dependent on when citizens have themselves heeded to their civil obligations to pay taxes. This was the position of the Executive Chairman…
When govern- ments deploy tax revenues for the common good of the citizens, there is a concomitant increase in tax compliance by citizens who see the direct benefit of the taxes they pay. This was the position held by the…
By Matthew Denis, Abuja The Executive Chairman of Federal Inland Revenue Service, Muhammad Nami has disclosed that when the Governments deploy tax revenues for the common good of the citizens, there is a concomitant increase in tax compliance by citizens who…
By Matthew Denis Abuja The Federal Inland Revenue Service (FIRS) has warned Ministries, Departments and Agencies of Government (MDAs) against the appointment of consultants and concessionaires to collect taxes due to the Federal Government or any of its agencies, as…
